Business Law Update: Lessons From Court on Deadlock Between Business Owners.

This morning was rainy and gray in Grand Rapids. It is one of those days that prompted me to write on a topic that can be downright depressing – when relationships between shareholders go bad. I had a client come in recently and ask me to set up an LLC for him. Client planned onContinue reading “Business Law Update: Lessons From Court on Deadlock Between Business Owners.”

Business Law Update: Business Owners: Bill Would Restrict Non-Competition Agreements with Employees.

On June 14, 2017, House Bill 4755 was introduced in the Michigan House of Representatives. If passed it would limit the enforceability of a non-competition agreement signed between an employer and an employee. In my opinion – in some pretty significant ways. I have spent several articles discussing the legal consequences/enforceability issues of non-competes. It appearsContinue reading “Business Law Update: Business Owners: Bill Would Restrict Non-Competition Agreements with Employees.”

Business Law Update: A discussion on Business Shareholder Oppression.

There are relatively few court opinions covering the Michigan Limited Liability Company Act. There have been even less on the issue of minority oppression claims. So I was excited to see a recent Court of Appeals decision on that subject. Check out the February 9, 2017 unpublished decision of Wisner v SB Indiana, LLC, et alContinue reading “Business Law Update: A discussion on Business Shareholder Oppression.”